Deal Snapshot
File Type: Purchase, 80% LTV
Challenge
Multiple deposits across accounts requiring review and explanation.
How Purelend Helped
Automatically identified all deposits related to the down payment, which also became useful for income verification since the borrower was paid by cheque and deposit dates were not always consistent.
Presented a consolidated list of deposits in one place, making it easy to cross-reference against employment documentation without manually scanning statements or building a separate deposit list.
Broker Takeaway
What started as a down payment review also supported income verification. Purelend reduced manual work, eliminated back-and-forth, and turned a potentially time-consuming review into a quick, confident decision.